AELIP-18: Cap Sponsor Fee at 15%

Author
StatusImplemented
ImplementorTBD
ReleaseTBD
Created2022-04-22

Simple Summary

This AELIP proposes to cap the fee that a Sponsor can charge at 15%.

Abstract

It is important that Aelin pools are legitimate. Setting an upper bound cap on sponsor fees is important, as it ensures that users are not taken advantage of.

Motivation

Aelin is a trust-less system, and due to that, pools have been made which have set an outrageous 50% sponsor fee on the pool. These pools are obvious scams. To limit this, I propose an upper bound limit of 15% set by the contract and enforced by the UI.

Specification

Overview

Cap sponsor fee at 15%, ensure that UI and docs show that there is a limit sponsors can charge.

Rationale

N/A

Technical Specification

Same as overview

Test Cases

TBD

Copyright and related rights waived via CC0.